Spark Investment Management LLC Takes $777,000 Position in Ambiq Micro, Inc. $AMBQ
by Mitch Edgeman · The Markets DailySpark Investment Management LLC purchased a new position in shares of Ambiq Micro, Inc. (NYSE:AMBQ – Free Report) during the second quarter, HoldingsChannel reports. The firm purchased 8,800 shares of the company’s stock, valued at approximately $777,000. Ambiq Micro comprises 1.5% of Spark Investment Management LLC’s portfolio, making the stock its 18th biggest position.
Other large investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers acquired a new stake in Ambiq Micro in the third quarter valued at about $119,000. JPMorgan Chase & Co. acquired a new position in Ambiq Micro during the 3rd quarter worth approximately $56,000. Vanguard Group Inc. purchased a new position in shares of Ambiq Micro during the 3rd quarter worth approximately $9,210,000. Franklin Resources Inc. acquired a new stake in shares of Ambiq Micro in the 3rd quarter valued at approximately $358,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Ambiq Micro in the 3rd quarter valued at approximately $28,000.
Insider Activity
In other Ambiq Micro news, CEO Fumihide Esaka sold 11,027 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $56.69, for a total value of $625,120.63. Following the sale, the chief executive officer owned 460,460 shares of the company’s stock, valued at $26,103,477.40. This represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Scott Hanson sold 27,500 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $59.80, for a total transaction of $1,644,500.00. Following the completion of the sale, the chief technology officer owned 221,226 shares in the company, valued at $13,229,314.80. This represents a 11.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 156,500 shares of company stock worth $9,136,973 in the last ninety days. Insiders own 10.00% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on AMBQ. Citigroup reaffirmed a “neutral” rating on shares of Ambiq Micro in a report on Tuesday, August 11th. UBS Group set a $85.00 target price on shares of Ambiq Micro in a research report on Wednesday, August 12th. Needham & Company LLC upped their price target on shares of Ambiq Micro from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ambiq Micro in a research note on Monday, June 29th. Finally, Northland Securities set a $81.00 price objective on shares of Ambiq Micro in a report on Wednesday, August 12th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $82.20.
Get Our Latest Stock Analysis on AMBQ
Ambiq Micro Trading Up 3.6%
Shares of AMBQ stock traded up $2.08 during mid-day trading on Tuesday, reaching $59.53. The stock had a trading volume of 475,518 shares, compared to its average volume of 501,348. The company has a market cap of $1.44 billion, a P/E ratio of -28.08 and a beta of 5.58. Ambiq Micro, Inc. has a 12-month low of $22.12 and a 12-month high of $91.61. The business has a 50-day simple moving average of $68.08 and a 200 day simple moving average of $56.38.
Ambiq Micro (NYSE:AMBQ – Get Free Report) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.07) EPS for the quarter. The business had revenue of $33.90 million during the quarter. Ambiq Micro had a negative return on equity of 11.85% and a negative net margin of 37.77%.Ambiq Micro has set its Q3 2026 guidance at -0.200–0.120 EPS. Research analysts anticipate that Ambiq Micro, Inc. will post -1.16 EPS for the current year.
Ambiq Micro Profile
Ambiq Micro (NYSE: AMBQ) is a semiconductor company specializing in the design and development of ultra-low-power microcontroller units (MCUs) and application-specific integrated circuits (ASICs). The company’s core technology leverages sub-threshold voltage operation to dramatically reduce energy consumption, enabling extended battery life in a broad range of portable and always-on devices. Ambiq’s products are particularly well suited for applications where power efficiency is critical, such as wearable electronics, IoT sensors, medical monitoring equipment, and industrial automation systems.
The company’s flagship product family, the Apollo series of MCUs, offers multi-core architectures, integrated wireless connectivity options, and advanced security features.
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